Term and Termination Clause Example with 5 Variations from Business Contracts

This page contains Term and Termination clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Term and Termination. The term of this Agreement and the Independent Director's services hereunder shall be for one year from the Effective Date, unless terminated as provided for in this Section 5. This Agreement and the Independent Director's services hereunder shall terminate upon the earlier of the following: (a) Removal of the Independent Director as a director of the Company, upon proper Board or stockholder action in accordance with the By-Laws and Articles of Incorporation or equivalent organizational documen...ts of the Company and applicable law; (b) Resignation of the Independent Director as a director of the Company upon written notice to the Board of Directors of the Company; or (c) Termination of this Agreement by the Company, in the event any of the requirements specified in Section 3 hereof is not satisfied, as determined by the Company in its sole discretion. View More
Found in ADDENTAX GROUP CORP. contract

Variations of a "Term and Termination" Clause from Business Contracts

Term and Termination. The term of this Agreement and the Independent Director's services hereunder shall be for one (1) year from the Effective Date, unless terminated as provided for in this Section 5. This Agreement and the Independent Director's services hereunder shall terminate upon the earlier of the following: (a) Expiration of the Director's term as a director of the Company; (b) Removal of the Independent Director as a director of the Company, upon proper Board or stockholder Shareholder action in accordance... with the By-Laws and Articles Certificate of Incorporation or equivalent organizational documents and Bylaws of the Company and applicable law; (b) (c) Resignation of the Independent Director as a director of the Company upon written notice to the Board of Directors of the Company; (d) Such time as when the Director ceases to be a member of the executive management of Geltology Inc. or (c) Xingguo General Fruit Industry Development Co., Ltd. by removal, resignation or otherwise; or (e) Termination of this Agreement by the Company, in the event any of the requirements specified in Section 3 hereof is not satisfied, as determined by the Company in its sole discretion. View More
Found in 3 Contracts from AMAYA Global Holdings Corp.
Term and Termination. The term of this This Agreement hereunder shall commence on the date hereof and the Independent Director's services hereunder shall be for one year from commence on the Effective Date, unless terminated as provided for in this Section 5. This Agreement Date and the Independent Director's services hereunder shall terminate upon the earlier of the following: (a) Removal of the Independent Director as a director of the Company, upon proper Board or stockholder action in accordance with the By-Laws ...and Articles of Incorporation or equivalent organizational documents of the Company and applicable law; (b) Resignation of the Independent Director as a director of the Company upon 14 days written notice to the Board of Directors of the Company; or (c) Disqualification of the Independent Director as a director of the Company in accordance with the By-Laws of the Company; (d) Termination of this Agreement by the Company, Company upon 14 days written notice, in the event of breach of Section 2 hereof or any of the requirements specified in Section 3 hereof is not satisfied, as determined by the Company in its sole discretion. discretion; or 4 (e) Failure of the stockholders of the Company to re-elect the Independent Director at the Company's annual shareholders' meeting. View More
Found in 2 Contracts from Agape ATP Corp
Term and Termination. The term of this Agreement and the Independent Director's services hereunder shall be for one year three (3) years from the Effective Date, unless terminated as provided for in this Section 5. This Agreement and the Independent Director's services hereunder shall terminate upon the earlier of the following: (a) Removal of the Independent Director as a director of the Company, upon proper Board or stockholder action in accordance with the By-Laws and Articles of Incorporation or equivalent organi...zational documents of the Company and applicable law; (b) Resignation of the Independent Director as a director of the Company upon written notice to the Board of Directors of the Company; or (c) Termination of this Agreement by the Company, in the event any of the requirements specified in Section 3 hereof is not satisfied, as determined by the Company in its sole discretion. discretion; or (d) Failure of the stockholders of the Company to re-elect the Independent Director at the Company's annual shareholders' meeting. View More
Found in 3 Contracts from CHINA HGS REAL ESTATE INC.
Term and Termination. The term of this Agreement and the Independent Director's services hereunder shall be for one (1) year from the Effective Date, unless terminated as provided for in this Section 5. This Agreement and the Independent Director's services hereunder shall terminate upon the earlier of the following: (a) Removal of the Independent Director as a director of the Company, upon proper Board or stockholder action in accordance with the By-Laws and Articles of Incorporation or equivalent organizational doc...uments of the Company and applicable law; (b) Resignation of the Independent Director as a director of the Company upon written notice to the Board of Directors of the Company; (c) Director's failure to be reelected by the Company's stockholders at a meeting duly called for such purpose; or (c) (d) Termination of this Agreement by the Company, in the event any of the requirements specified in Section 3 hereof is not satisfied, as determined by the Company in its sole discretion. View More
Found in 3 Contracts from 3 Companies
Term and Termination. The term of this Agreement and the Independent Director's services hereunder shall be for one (1) year from the Effective Date, unless terminated as provided for in this Section 5 (the "Term"). This Agreement and the Independent Director's services hereunder shall terminate upon the earlier of the following: (a) Removal of the Independent Director as a director of the Company, upon proper Board or stockholder action in accordance with the By-Laws and Articles Certificate of Incorporation or equi...valent organizational documents of the Company and applicable law; (b) Resignation of the Independent Director as a director of the Company upon written notice to the Board of Directors of the Company; or (c) Termination of this Agreement by the Company, in the event any of the requirements specified in Section 3 hereof is not satisfied, as determined by the Company in its sole discretion. View More
Found in 3 Contracts from LIHUA INTERNATIONAL INC.